Sec. 1. As used in this chapter, "trusteed surplus" means the aggregate value of a United States branch's:
(1) surplus and reserve funds required under IC 27-1-6; and
(2) trust assets described in section 4 of this chapter;
plus investment income accrued on the items described in subdivisions (1) and (2) if the investment income is collected by the state for the trustees, less the aggregate net amount of all of the United States branch's reserves and other liabilities in the United States, as determined under section 6 of this chapter.
As added by P.L.173-2007, SEC.20. Amended by P.L.3-2008, SEC.210.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 40. Entry of Unauthorized Alien Companies
27-1-40-2. "United States Branch"
27-1-40-3. Indiana as State of Entry for Alien Company
27-1-40-4. Trust Account; Requirements; Trust Agreement
27-1-40-5. Certificate of Authority for United States Branch; Requirements
27-1-40-6. United States Branch Filing Requirements